Common use of Allocation Conventions Clause in Contracts

Allocation Conventions. (a) All Taxes required to be allocated to a Pre-Distribution Period or Post-Distribution Period pursuant to Section 2.2 of this Agreement shall be allocated in accordance with the Closing of the Books Method as reasonably computed by New Worthington.

Appears in 3 contracts

Samples: Tax Matters Agreement (Worthington Enterprises, Inc.), Tax Matters Agreement (Worthington Steel, Inc.), Tax Matters Agreement (Worthington Steel, Inc.)

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Allocation Conventions. (a) All Taxes required to be allocated to a Pre-Distribution Period or Post-Distribution Period pursuant to Section 2.2 of this Agreement shall be allocated in accordance with the Closing of the Books Method as reasonably computed by New WorthingtonHHH.

Appears in 1 contract

Samples: Tax Matters Agreement (Seaport Entertainment Group Inc.)

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